Why to become an Entrepreneur ?
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Transcript of Why to become an Entrepreneur ?
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Why’s of
Entrepreneurship ?
Manjula Sridhar
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Current State in India
Entrepreneurship is almost mainstream.
Many students consider it as a first career option.
Lot of eco system development done in last few years and systematic support exists.
Careers in IT/MNC are also stalling and do not cater to creative needs.
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Motivation
Money
Want to be my own boss
Creative pursuits
Quest for Meaning
Hate the job
Me too
Glory
No other Option
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However..
The information out there is not always authentic.
Media din is either outlier driven or investor funded.
It’s a “hindsight is 20-20 syndrome”
Many irrelevant thumb rules.
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Harsh realities
99 out of 100 startups wont exist beyond 1st year.
Majority of the Indian failures have been due to co-founder issues.
Even the successful ones, the founder is often the one that is a minority shareholder.
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Which way to go ?
Micropreneur (Self)
Bootstrapped (Self)
Angel
Crowd funding
VC
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Thanks
@manjulogic